T
andel
C
apital
Firm
Services
Deals Advisory
M&A, due diligence & transaction support
Corporate Finance
Capital raising & CFO advisory
Cross-Border Tax
FEMA, US estate tax & regulatory
Mandates
Team
Insights
Featured
Contact
Insights
Ideas that inform decisions.
Notes, commentary and analysis from our team on M&A, capital markets, and cross-border structuring.
Cross-Border Tax · Feb 2026
The Final Exit: why the 2026 amnesty scheme is the only bridge across the Black Money Act's 120% trap.
Why India's Finance Bill 2026 amnesty gives holders of undisclosed foreign assets a time-limited window to regularise at reduced tax and penalty rates, before the Black Money Act's punitive measures apply.
Read on LinkedIn
→
Deal Analysis · Aug 2026
Infra.Market's reverse merger: an IPO alternative.
How Infra.Market went public through a ₹10,545 crore reverse merger with a listed company rather than a traditional IPO, and the CFO trade-offs between speed and transparency.
Read on LinkedIn
→
Structuring · Sep 2026
Shall vs. may convert: why one word matters for OCPS and OCDs.
A practical primer on optionally convertible instruments, and how the choice between "shall convert" and "may convert" changes the accounting, company-law, FDI and tax treatment.
Read on LinkedIn
→
Deal Analysis · Sep 2026
InsuranceDekho and RenewBuy: structure over headline value.
Inside the all-stock insurtech consolidation: the 3:1 share-swap ratio, a ₹200 Cr reconciliation gap, and why founders in stock deals should negotiate the exchange ratio before closing.
Read on LinkedIn
→
Cross-Border Tax · Sep 2026
FEMA and unutilised foreign exchange held abroad.
When FEMA requires Indian residents to repatriate foreign-currency proceeds, such as from selling US-listed shares, and why the widely cited 180-day rule applies only in certain cases.
Read on LinkedIn
→